Nature of Business
AAPICO Hitech Public Company Limited
AAPICO Hitech Public Company Limited (“The Company AAPICO or”) was established in 1996 and was listed on the Stock Exchange of Thailand in 2002. The Company’s main business initially was to design, produce, and install car assembly jigs and stamping dies; and to manufacture OEM automotive parts, including floor parts, cross members, pillars, brackets, clips, and fuel tanks for leading automobile assemblers in Thailand.
The Company has since progressed by adding the production of chassis frame components, forging parts, machining parts, casting parts, plastic parts, plastic fuel tanks and windshield washer system, to its manufacturing portfolio.
AAPICO Hitech PLC was established in 1996 and listed on SET in 2002
AAPICO operates under the management of Mr. Yeap Swee Chuan, the President & CEO and founder of AAPICO Group. The Company’s first factory was located at Hitech Industrial Estate, Ayutthaya Province. Today, it has factories in Samutprakarn, Chonburi and Rayong Provinces. Globally, the Company also expand its footprint to China, Malaysia, Portugal, and USA.
AAPICO is comprised of 3 business pillars: the OEM Auto Parts Manufacturing Business, the Car Dealership Business, and the IoT Connectivity & Mobility Business. Currently, the Group comprises 52 subsidiaries and associate companies, of which 32 companies are operating in Thailand and 20 companies are located oversea.
AAPICO Group Business
The main businesses of the Company and its affiliates can be categorized as follows:
1. OEM Auto Parts Manufacturing
| Stamped and Welded Assemblies | AAPICO Hitech PLC AAPICO Hitech Rayong PLC AAPICO Hitech Parts Co., Ltd. AAPICO Amata Co., Ltd. AAPICO Lemtech (Thailand) Co., Ltd. AAPICO Mitsuike (Thailand) Co., Ltd. Sumino AAPICO (Thailand) Co., Ltd. AAPICO Sodecia (Thailand) Co., Ltd. OVERSEAS – Malaysia AAPICO Avee Sdn. Bhd. |
| Chassis Frame Components | AAPICO Structural Products Co., Ltd. |
| Forging and Machining Parts | AAPICO Forging PLC AAPICO Precision Co., Ltd. OVERSEAS – China Kunshan Chaitai-Xincheng Precision Forging Co., Ltd. |
| Stamping Dies and Assembly Jigs | AAPICO Hitech Tooling Co., Ltd. AAPICO Hitech Automation Co., Ltd. |
| Plastic Parts and Plastic Fuel Tanks | AAPICO Plastics PLC Bangplee (Headquarter office) AAPICO Plastics PLC Rayong (Branch Office) Thai Takagi Seiko Co., Ltd. |
| Brake lines and Fuel lines | Able Sanoh Industries (1996) Co., Ltd. Sanoh Industries (Thailand) Co., Ltd. |
| Door Check | Edscha AAPICO Automotive Co., Ltd. |
| Iron Casting and Machining | OVERSEAS AAPICO Maia, S.A. (Portugal) AAPICO Águeda, S.A. (Portugal) Sakthi Global Auto Holdings Limited (United Kingdom, India) AAPICO GERMANY GmbH (Germany) |
| Roof ditch moulding / Belt line moulding / Door sashes | Minth AAPICO (Thailand) Co., Ltd. |
| Exhaust systems | PUREM AAPICO Co., Ltd. |
| Unspecified | OVERSEAS – America SODECIA - AAPICO JV LLC |
2. Car Dealerships
| Mitsubishi Dealer | Able Motors Co., Ltd. (Ladkrabang) Able Motors Pakkret Co., Ltd. (Pakkret and Chaengwattana) Able Motors Pathumthani Co., Ltd. |
| MG Dealer | MG Able Motors Co., Ltd. (Pathumthani) |
| Honda Dealer | OVERSEAS - Malaysia Tenaga Setia Resources Sdn. Bhd. (Petaling Jaya) New Era Sales (M) Sdn. Bhd. (Kajang) |
| Proton Dealer | OVERSEAS - Malaysia AAPICO Motors Sdn. Bhd. (Cheras and Chan Sow Lin) AAPICO Motors (Kuantan) Sdn. Bhd. AAPICO Motors (Temerloh) Sdn. Bhd. Able Mobility Sdn. Bhd. |
3. Other Businesses
| Car Accessories | AAPICO Electronics Co., Ltd. |
| Telematics & Logistics System | AAPICO ITS Co., Ltd. |
| Oracle ERP Consultancy | A ERP Co., Ltd. |
| Electronic Information Service | Nuro Technology Incorporated |
| Leasing of Properties | New Era Sales Co., Ltd. |
| EV Ecosystem Products | AMCHARGE Sdn. Bhd. |
| Investments In Subsidiaries and Joint Ventures | Able Investment (2025) Pte. Ltd. AAPICO Delaware Holdings Corporation |